Comments on: Weekend Update… http://reddragonleo.com/2010/01/24/weekend-update-19/ Sun, 01 Aug 2010 10:52:22 +0000 hourly 1 http://wordpress.org/?v=3.0 By: jaywiz10534 http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-5245 jaywiz10534 Mon, 25 Jan 2010 21:40:54 +0000 http://reddragonleo.com/?p=1088#comment-5245 Hi Red<br>your group seems to like what yu wrote<br>good stuff for sure<br><br>At the jaywiz blog, I posted a chart for this week showing what to expect and it is short term oreinted so very good for option traders<br><br>Just as I posted, the day started Up, but will give it back by noon to 1pm, but closing higher<br><br>Ditto for 26th and 27th, but 27th to 29th is shown to give back even more<br><br>the OCT- Nov lows would be the next best support levels<br>Jay Hi Red
your group seems to like what yu wrote
good stuff for sure

At the jaywiz blog, I posted a chart for this week showing what to expect and it is short term oreinted so very good for option traders

Just as I posted, the day started Up, but will give it back by noon to 1pm, but closing higher

Ditto for 26th and 27th, but 27th to 29th is shown to give back even more

the OCT- Nov lows would be the next best support levels
Jay

]]> By: jaywiz10534 http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-530 jaywiz10534 Mon, 25 Jan 2010 15:40:54 +0000 http://reddragonleo.com/?p=1088#comment-530 Hi Red<br>your group seems to like what yu wrote<br>good stuff for sure<br><br>At the jaywiz blog, I posted a chart for this week showing what to expect and it is short term oreinted so very good for option traders<br><br>Just as I posted, the day started Up, but will give it back by noon to 1pm, but closing higher<br><br>Ditto for 26th and 27th, but 27th to 29th is shown to give back even more<br><br>the OCT- Nov lows would be the next best support levels<br>Jay Hi Red
your group seems to like what yu wrote
good stuff for sure

At the jaywiz blog, I posted a chart for this week showing what to expect and it is short term oreinted so very good for option traders

Just as I posted, the day started Up, but will give it back by noon to 1pm, but closing higher

Ditto for 26th and 27th, but 27th to 29th is shown to give back even more

the OCT- Nov lows would be the next best support levels
Jay

]]> By: Keirsten http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-529 Keirsten Mon, 25 Jan 2010 05:24:22 +0000 http://reddragonleo.com/?p=1088#comment-529 Monica- your best bet is to get some advice from Anna on longer term directional options plays, (ITM, how far out, risk management, etc.) I am not an options expert, and only put on straight 2X and 3X equity trades as a core position based on change of trend and then pyramid on those positions if/when the tape doesn't prove me wrong, so I can't help you, but I think she's your best bet in this case. G/L and best to you as we all trade this thing together. ;-) Monica- your best bet is to get some advice from Anna on longer term directional options plays, (ITM, how far out, risk management, etc.) I am not an options expert, and only put on straight 2X and 3X equity trades as a core position based on change of trend and then pyramid on those positions if/when the tape doesn't prove me wrong, so I can't help you, but I think she's your best bet in this case. G/L and best to you as we all trade this thing together. ;-)

]]> By: Red Dragon Leo http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-528 Red Dragon Leo Mon, 25 Jan 2010 02:26:57 +0000 http://reddragonleo.com/?p=1088#comment-528 Well, anything can happen between now and the morning... Well, anything can happen between now and the morning…

]]> By: mmTesla http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-524 mmTesla Mon, 25 Jan 2010 02:23:58 +0000 http://reddragonleo.com/?p=1088#comment-524 Very true, but in my view its all about base hits, singles and doubles, the money in the middle. It would be oh so sweet if this market started working down finally :) Very true, but in my view its all about base hits, singles and doubles, the money in the middle. It would be oh so sweet if this market started working down finally :)

]]> By: gcocks83 http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-526 gcocks83 Mon, 25 Jan 2010 02:23:31 +0000 http://reddragonleo.com/?p=1088#comment-526 Fair value on Dow at 10.15 down about 27.<br><br><a href="http://www.cnbc.com/id/17689937/" rel="nofollow">http://www.cnbc.com/id/17689937/</a> Fair value on Dow at 10.15 down about 27.

http://www.cnbc.com/id/17689937/

]]> By: Red Dragon Leo http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-525 Red Dragon Leo Mon, 25 Jan 2010 02:22:51 +0000 http://reddragonleo.com/?p=1088#comment-525 I have to give Anna credit... she's a master at options trading. I'll let you know what I'm thinking about as we get closer.<br><br>And I don't blame you for not trading the long side. It's hard to go long in this environment. I have to give Anna credit… she's a master at options trading. I'll let you know what I'm thinking about as we get closer.

And I don't blame you for not trading the long side. It's hard to go long in this environment.

]]> By: monicadern http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-523 monicadern Mon, 25 Jan 2010 02:22:12 +0000 http://reddragonleo.com/?p=1088#comment-523 For the the last 10 months that has been true. Now it COULD be the other way around for the bulls. For the the last 10 months that has been true. Now it COULD be the other way around for the bulls.

]]> By: mmTesla http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-527 mmTesla Mon, 25 Jan 2010 02:21:46 +0000 http://reddragonleo.com/?p=1088#comment-527 Pivots, VPOC's, big trendlines, just beautiful. Pivots, VPOC's, big trendlines, just beautiful.

]]> By: mmTesla http://reddragonleo.com/2010/01/24/weekend-update-19/comment-page-1/#comment-522 mmTesla Mon, 25 Jan 2010 02:21:11 +0000 http://reddragonleo.com/?p=1088#comment-522 Last week, you held for a long time, and you took good money off the table, call it a good week. Bears who over stay there welcome get chewed up. Last week, you held for a long time, and you took good money off the table, call it a good week. Bears who over stay there welcome get chewed up.

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